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ABLE Accounts – Saving for Future Qualified Disability Expenses
There is a relatively new planning technique in Florida that allows persons who were disabled before age 26 to save for future qualified disability expenses. These savings accounts are called ABLE Accounts. It all started in December 2014 when The Stephen Beck, Jr. Achieving a Better Life Experience (ABLE) Act was enacted by Congress. The […]
read more >Elimination of Medicaid Retroactive Eligibility
Effective February 1, 2019, persons seeking Medicaid benefits to cover the cost of long-term care in a skilled nursing facility can no longer qualify for up to three months of retroactive benefits. Prior to the change, an application could be filed in one month, and for each previous month the patient met all the Medicaid […]
read more >Does Medicaid Pay For Long-term Care in the Home?
Medicaid provides important benefits for seniors and other individuals who are unable to care for themselves and who need long-term care. While many seniors benefit from Medicaid coverage to help pay the cost of a nursing home, there are also situations where a senior or his/her family members want to ensure that their loved one […]
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